With our Libya Payroll Outsourcing services, your talents are paid on time and without error! Our team at Africa HR Solutions also provides your company with much-needed guidance to ensure that your operations comply with Libya’s Labor Code and tax policies. Over the years, we have played a pivotal role in the expansion of over 400 clients across Africa by providing reliable HR and payroll and cross-border payment outsourcing solutions.
Geographic location: Located in North Africa, most of Libya’s land lies in the Sahara Desert.
Population: Much of its population is concentrated along the coast and its immediate inland area.
Economy: The country is rich in oil which accounts for over 50% of its gross domestic product (GDP) and at least 95% of exports.
Value-added tax (VAT)
Libya does not levy a VAT or sales tax.
Workers in Libya are entitled to a minimum of 30 days of paid annual leave which increases to 45 for employees over the age of 50 (or if they have accumulated 20 years of service).
In Libya, workers cannot exceed 45 continuous days of sick leave. 60 days is the maximum amount of sick leave an employee can take within a single year in Libya.
In accordance with the Libyan Labor Law, women are entitled to 14 weeks of paid maternity leave including a compulsory leave following delivery of not less than 6 weeks.
There is no statutory paternity leave in Libya.
In Libya, an employee is entitled to 1 month’s notice – regardless of how long they served within the same company.
There is no statutory severance pay in Libya.
In the last 10 years, the scenario surrounding compliance in African countries has changed dramatically. Africa HR Solutions understands this and has become a major player in the African payroll market.